Olshan Activist Client Lone Star Value Publicly Objects to Hilltop’s Unsolicited Proposal to Acquire SWS Group for $7 Per Share

Firm News

The Wall Street Journal, Reuters, The Dallas News, Mortgage Servicing News and other local media outlets reported on Lone Star Value’s objection to Hilltop Holdings’ unsolicited offer to acquire all outstanding stock of Dallas-based brokerage and financial firm, SWS Group, for $7 per share in cash and Hilltop common stock.  Lone Star Value announced it had long agitated for the sale of SWS as an avenue to maximize shareholder value but after careful review concluded that Hilltop’s proposal is inadequate and significantly undervalues SWS. Lone Star Value called on the Board of SWS to commence a full and fair process for the review of all available strategic alternatives for the sale of the company to the highest bidder.  Steve Wolosky represents Lone Star Value in connection with its investment in SWS Group.

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Marketing Contact
Mizi Mehaj
Marketing & Administrative Manager
mmehaj@olshanlaw.com
212.451.2319


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